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Search Results 0 to 49 of about 309 (some duplicates have been removed)
. >> also mead china factor, las vegas rolling out red carpet for chinese new year tourist, which casino stock stands to win big. >> "sports illustrated" swimsuit edition hits news stands today. i bet you already knew that. supermodel kate upton on the cover for the second year running. she's going to join us live here on "power lunch." we don't want to miss that. >> in the meantime, let's check the markets. we have dow 14,000 and climbing as things stand at the moment, apple is weighing on the tech sector. we'll come to that in a moment. kenny pick ari joins us as -- >> director of relations. >> cnbc contributor. maybe pushing it. what levels are we eyeing now. >> 1525 on the s&p is what they are looking at. you can feel they just want to take it there. >> five points away. >> five points away. actually four points away. not a lot of volume but feel the grind going in front of the state of the union address, tomorrow's retail sales number. they are going to spin it as best they can but it's interesting. >> is it possible tore president obama to derail this rally, now that we don't have
only 15 other countries, china, wall street firms were bidding on the debt. now you know if you have an auction at your house and 100 people show up you're probably going to do a lot better in terms of the deal than if 15 people show up. so the cost of money where we run into problems and where congressman paul is right, if we don't deal with this the cost of money is going to wipe out any spending, any tax increases, anything else. we have to -- we can't be greece, we can't be spain. and have our debt equal our gross domestic product. host: from texas. good morning. caller: good morning. i'm so tired of all this immigration stuff and we've got to take care of the mexicans and stuff. how come you all don't find a solution to keep them from coming up here to begin with? and find out why they're all running from mexico. if they're such great people why don't they fight for their own freedom down there instead of trying to come steal our kids' livelihood? host: part of the two-point debate over immigration. those who are here and also border security. guest: again, that's why if you loo
't want to escape his watershed moment. but first, since president nixon's historic visit to china's how many vigorate president's have not visited that country? the answer coming up after the break. we'll be right back. my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. . [ phil ] when you have joint pain and stiffness... accomplishing even little things can become major victories. i'm phil mickelson, pro golfer. when i was diagnosed with psoriatic arthritis, my rheumatologist prescribed enbrel for my pain and stiffness, and to help stop joint damage. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events includ
there will be u.n. sanctions, tougher u.n. sanctions which perhaps china will back after they did in december. militarily, it is business as usual. everyone is on high alert. but it would be highly unlikely if there was to be any action taken. >> anna, stand by, i want to get some reaction there, if there is any, from the president-elect parties, made a lot of strong statements in the leadup. i want you to stand by, we have elise on the line from the state department. is there any reaction, 11:00 p.m. here in the united states on the east coast. anything coming out of the state department yet? >> i'm speaking to sources, senior administration officials tell me the u.s. is working to confirm, i'm not sure this am coulds as a surprise, john. i was speaking to one senior official this morning, and they said a test could come at any moment i think the u.s. has been bracing for this, planning for this as we've been discussing, there's been a lot of -- kind of fooling around by north korea in terms of when the date would be just as there was when they had the rocket launch and they extended a date
's people. other nations including china north korea's only ally, as issued statement opposing north korea's sanctions actions. here with me is gordon chang he wrote it just for today. welcome to "the war room." >> thank you so much. >> michael: obviously this is big news on a day we have the speech coming up tonight. but what is the significance of this test in a global way. >> north korea has crossed two technical thresh olds. there was the test of the three- three-stage missiles very successful. put a satellite in orbit which means with a few adjustments it could land anywhere. then we have this powerful explosion today. if it was a miniature device as the north koreans said, that's even more impressive. probably between five years maybe three, north korea could put a dent anywhere it wants to on the face of the earth. >> michael: it's interesting too, because kim jung-un. he was a power in 2011. a lot of people saw that he had a western education educated in switzerland, that he would be more reasonable about nuclear arms and arsenal. who is he flexing for? is he flexing for his own c
. joining us now is the author of "china airborne" and the national correspondent of the atlantic, james fallows. good afternoon, james. >> thank you for coming on. the chinese came out today and strongly denied all of these allegations. should they be believed? is this just a case of threat inflation as we like to call it? >> the chinese statement was in keeping with its government's usual response to accusations like this. they said that they never have endorsed hacking of anybody else, they resolutely enforce their laws. there's no violation of privacy laws in china. i think that's difficult to take seriously. i think the main point here is that for decades, for more than a decade now, there have been increasing both government and corporate concerns in the u.s. about hacking from a lot of places, including china, and the news in this latest report is tying it more specifically to the chinese military than had been done in the previous encounters. >> now, they appear to have targeted companies like facebook, apple, twitter and google among others. isn't this an indication that they we
conmption in china, impact wool exports from new zealand, textile productionn spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before inveing. ♪ lou: for all about facts, of course, here in "chalk talk," and president obama, well, to be kind, he was not there without bigger things on his mind. take a look here, if you can see this, five of the most egregious, what do you call them? stretches of the imagination, exaggerations? start with the president bragging about, first of all, his jobs record. here he is. >> after years of grueling recession, our businesses have created over 6 million new jobs. lou: 6 million new jobs, i mean, that's impressive, isn't it? there's a little problem. we're not saying the president did it intentionally. it had to be an accident of
korea is pretty much sanctioned out at this point. unless china decides to cut off oil supplies and other goods to north korea, it appear there's no stopping the north korean regime at this point. >> what's china's response? immediate neighbors to the west. a blast -- if i were china, i'd be a hell of a lot more concerned about them setting off nuclear devices than in the united states. look at the map, they're literally in the shadow of china? any response from china or belief inside the pentagon or this administration china will eventually step up and start exerting more pressure on the north koreans to become a more responsible state? >> one of the biggest fears in that region is it will spark some kind of regional nuclear arms race. both south korea and japan in the past have threatened to start developing their own nuclear weapons. no signs they're doing that yet. we go back to china. the only thing that might make this a little bit different is china leaned heavily on north korea not to conduct this test. for north korea to do this is like in your face beijing. there may b
its nose at the united states in the world community. china russia, south korea, japan, it conducted yet another nuclear test overnight. this time that rogue regime detonating a miniature rice eddie vice just the type would you put on top of a ballistic missile. ambassador john bolton, former ambassador to the united nations and fox news contributor, good morning to you sir. i want to connect two dots quickly. you had a missile test in september, a smaller test overnight that was first perceived to be an earthquake, now we know according to south korean officials it is something very different. what are you to make of this now, mr. ambassador. >> as you say this is the third north korean nuclear test. they are proceeding in a very systematic way coupled with tests of ballistic missiles obviously to develop a nuclear warhead that their missiles can carry anywhere on earth. we've seen this program in training for 20 years, and this third test is just another piece of evidence, sadly, of the failure of america's efforts through three administrations to deal effectively with north korea
time zeroed in not just on china, but a particular building in shanghai, which is believed to house a unit, a top elite unit of the chinese army. >> i think the difference in the long report that we published in "the times" yesterday, which was based on what they did, then we went off on other security firms to see if we could confirm their findings, and we did. was that for the first time these attacks that the chinese have largely denied are coming out of the government have been taken right down to a neighborhood that's dominated by the headquarters of this unit 61398. it's the cyber unit, a major cyber unit, of the people's liberation army. and the element of surprise here is how much is coming either out of that building or you've got to believe out of the noodle shops surrounding that building, given the volume, it's hard to believe -- >> we're talking about thousands of cyber attacks against at least 141 companies, 27 industries, at least according to this one report that officials have confirmed for both you and me. >> that's right. and this was just following one major chin
, if they were particularly frightened they would have not tested in the first place. they realize china will protect them? security council. china will not enforce any sanctions that come out of this process. so the usual drill as susan rice said is not good enough. that means the united states needs to take matters in its own hands. we need to put in effect the sanctions the bush administration imposed in 2005 and unfortunately lifted prematurely in 2007 at china's behest. we have to stop north korea from selling this long-range missiles and these nuclear devices to iran. which of means we probably need our navy in waters very close to north korean shores. jon: stop leaning on the chinese to fresh sure the north koreans? >> we should do that but shouldn't rely on that as the only way. in the bush administration we really looked to china to rein in north korea, unfortunately we placed a greater emphasis integrating china into the international system than disarming north korea. we need to disarm that. we need to disarm north korea first. because we have only a limited numbers of years t
need things, we got to borrow money from japan, china, south korea. we're going in the wrong directn, and you got to go back a hundred years to look at the federal rereceiver taking over the ability to issue money that was a constitutional privilege of the government. we're stuck with rising debt. you could cut the budget in half and put all the deficit -- or to the deficit, and you know what? you'd have a rising deficit because of the exponential growth of compound the interest on the debt. we have to change the direction to get control over the economy. lou: doesn't sound like you brought to president obama's plan then because precisely what he wants to do is precisely that. there is not an alteration by one dime in the president's program, and his vision of the future here. he's going to spend, the debts will rise because the republicans are not beginning to exceed to tax increases. where we should we be headed? >> i'll support a minimum wage increase. the truth of the matter is i there's a minimum wage tied to increasedded inflation, that' something about $10.20 an hour. now, yo
watching it over in europe and china. that is what we are taking a look at. dagen: thank you. connell: the dow hitting 14,000 with nicole on the air. this is a snapshot of just how bad our deficits are going to be over the next ten years. dagen: rich edson is live in washington, d.c. rich: $1.1 trillion, that was our deficit for 2012. this is the most recent projections by the office. this year, a budget deficit -- the decade production was $2.26 trillion. these numbers will be much different. much worse. it must examine the budget as if congress does absolutely nothing. and current policy continues. we have had some changes. mainly that built that passed congress earlier in the year. millions of middle-class americans do not have to pay the amt. it also changed the estate tax bumping down the rate of little bit lower than what it had been over the exception of little bit higher. the numbers we just show you, the real numbers will be much worse. we will find out at 1:00 o'clock. back to you. dagen: are we going to be in a statement from the white house at 1:15 p.m.? rich: he will talk
that we have on this development is that we have china's reaction to north korea's nuclear tests, as well. china's foreign ministry statement goes that it is china's firm stance to realize nonnuclearization for the korean peninsula and prevent a nuclear proliferation and maintain peace and stability in northeast asia. remember, china is north korea's probably one and only ally and that it's been pretty patient with its bad behavior and this nuclear test could complicate things a bit, given that the chinese support was to maintain the status quo in the region. guys, back to you. >> chery, thanks very much. we should note the international response has been swift. you saw president obama calling for swift reaction. india saying reports of the nuclear test are a matter of deep concern according to a foreign ministry statement. >>> moving down to conco which has expressed solidarity with its ceo who has just been arrested for alleged bribes. shares have just resumed trade in malan. now, ross, they're down something less than 9%. we did see closer to a 15% decline earlier. over to you. >> than
not willing to do because of china. we can -- people say north korea's been sanctioned out, nothing more we can do. that's not true. in 2005 the united states put on the financial sanctions which hut north korea. we took them off in 2007, so there is a lot more than we can do. >> are you seeing changes in china. very supportive. but here is the -- an article, an editorial that ran in the china state-run newspaper "global times." if north korea insists on a third nuclear test despite attempts to dissuade it, it must pay a heavy price. we are not advocating giving up the sino/north korea friendship. but pyongyang shouldn't misread china, china won't put its relations with pyongyang above other strategic interests. that's fairly harshly worded. >> it is. a good rhetorical shift. we need china to go for tough sanctions and enforce those sanctions. right now, china has been letting the north koreans sell a lot of missile technology to the iranians, crossing over chinese territory. april 15th last year, in the big military parade in pyongyang, six chinese missile launchers sold to pyongyang. we n
not want it. dagen: this oil will go to china. it will be refined there with much looser environmental standards on refineries in that nation. not to make fun of our northern neighbors, but do you really want to make this country mad? canada has made it clear that it could retaliate against the u.s. do we need to be worried about this? >> that is a great question. they are part of nafta. most of americans do not realize that our number one trading partner is not china, it is canada. i just really do not understand the rationale of not building this. it was the first reason that president obama gave. now, i see no reason, other than kowtowing to the very radical environmentalists and not bringing this to america. dagen: thank you very much. steve moore from the "wall street journal." thanks again. >> thank you, dagen. dagen: let's take a look at the u.s. dollar. trading down versus other major currencies today. agreeing not to target the exchange rates of world currencies. concerns that competitive devaluation could spark a currency war. let's just say, g20 kind of poo-poo'd this. are w
's the headquarters of unit 61398. >> i think it was time to let the world know, it's actually not just from china, it's the chinese government sanctioning these attacks. >> reporter: among the targets, america's very infrastructure. >> now our enemies are sabotaging our power grid, our financial institutions, our air traffic control systems. >> reporter: other targets of chinese hackers familiar brand names like coca-cola, facebook, "the new york times," on "wash post" and "wall street journal." and only today, apple. the hackers have user names like ugly gorilla and dota. according to this instructional video from mandiant. >> here we see dota logging into one of his operational e-mail accounts. he's used it for spear phishing and generating additional accounts. >> reporter: what is it? how hackers campaign access into a network by sending deceptive e-mails tricking users into clicking on a malicious link to a phony website. once the victims provide passwords, pnc.i.n. numbers, they're in. sometimes for years with no one noticing. >> when these companies are engaging in business with china, they're
. clearly there differences of opinion twebetween us and china. he wants to play the role of diplomat and find a way forward with the chinese without confronting the military. i think that's something the obama administration more broad lie believes in. >> he will be leaving on that trip on february 24th through march 6th. a big wide swath for secretary kerry whoa will be marking his mark to start. i appreciate it. >> thank you. >> we are following breaking news any moment now. the wife of jesse jackson junior will enter a guilty plea to federal tax fraud charges stemming from her husband's misuse of funds. the former congressman entered with his wife before entering his own guilty plea. after that hearing, jackson asked reporters to tell everyone he is sorry. he could be facing several years in prison. the justice correspondent joins me now. this was not a big surprise that we saw this morning. explain what comes next for the congressman as well as his wife. >> he wife will be pleading guilty in a few minutes. they just walked into court holding hands we are told by our producer. jac
to put in a lot of walls. no one is going to send their house off to china to get insulated. that's work to be done here by millions of american workers if we're serious about this. >> john: what lesson do you think president obama learned from the first term about enacting any kind of climate change rules? >> i think he learned there was no point in trying to persuade the republicans to go along because they're not going to. their party has been more or less bought by the same forces that more or less cowed the democratic party. he's going to have to rally his party to do some things. more importantly he'll have to help rally the activist movement that is really coming alive around america. this is all of a sudden a really big push. right now as of yesterday almost out of nowhere we have 252 college campuses with active fossil fuel di veestive movements. the nation last week said this was the largest student movement in the last few decades. we have a huge rally coming to washington on sunday. we've got a movement that wasn't there before. if the president takes advantage of it, if he p
a weaponzation program that could threaten the international community. china which provide aid to north korea also issued a statement condemning today's testing stating that we strongly urge -- we strongly urge the north koreans to stop and honor their commitment to de nukezation and refrain from any move that may further worsen the situation. president obama is calling the national community the u.s. security council to take steps to cush north korea's nuclear ambitions. >> kelly wright reporting live for us from washington. >> it is time for your top 5@5:00. we are hours away from president obama's first state of the union address of his second term. we are told the president's address will focus on his plans for gun control legislation, immigration reform and increasing government spending to boost the economy. florida senator marco rubio will give the republican response and kentucky senator rand paul will deliver the tea party response. 4,000 people stranded at sea in the gulf of mexico has been pushed back by another day. lost power after an engine fire set to be towed to mexico but it
major ally china condemned the underground test in an emergency meeting and considering further sanctions. >> countries around the world including every member of this security council agree that this test was an extremely regrettable act, that further undermines international peace and security. >> nbc news pentagon krontd jim miklaszewski joins us live. we just got a note secretary kerry was informed just before 11:00 p.m. yesterday and he is also spoken with the chinese foreign minister wels japan foreign minister on this issue. what are we likely to hear and see next? >> reporter: the focus is on china. even though china may have joined in condemning the act, the proof is in the pudding. they will have to step up and actually join in enforcing stricter, tighter sanctions against north korea. all this time, while the international community particularly the u.s. has been ratcheting up those sanctions against north korea, china has continued to provide oil and other critical supplies to north korea ignoring the international sanctions. so it really falls on china at this point
. the seeber attacks. i know you know china very well. how tough should the president be? is it time to start really putting this front and center? >> we have to put it front and center. not just with china where, with russia wra. this notion that somehow china will be involved. we have allies that are doing the same thing, and we've been doing it for years. stealing our secrets, intellectual property, so it's been going on, and i think we have to take an aggressive position on this, and i think the president by setting up this command, cyber command, saying we have to defend our infrastructure, and the pentagon's infrastructure to be sure, and then we have to have capability. those kinds will help deter some of the activities taking place right now. >> i remember once interviewing a former french official who was in charge of the french intelligence operation against our splekt wal property and trade secrets, and he was very open about it as a retired espionage agent for france. thank you very much, bill cohen. >> good to be with you. >> up neck, fighting that cyber war, we talk to former ho
. >> the white house encouraged, martha, by the response of china to that north korean nuclear test. they believe china willing to crack down a little harder now? >> well, i think the response was somewhat muted from china, i think they expected more. they condemned the test. china tried to talk north korea out of testing a nuclear weapon but they did it. but they didn't really threaten them with any action but believe me, president obama would like to get china, china's help in this issue. >> so, tell us, again, matt, how much can the president get done tonight? how much could he put concerted pressure on this room? >> i think it's really interesting, because in terms of second term presidents, they understand that political capital is a diminishing resource. they know that two key pillars for that political capital are his inaugural address and state of the union address. those are the two most important things he can do to keep momentum moving. if he starts to lose it, it's very difficult for him to do it. that's why this speech and the inaugural, they always look at them like a package, put t
security would mean more vulnerability to attacks from hackers in china and at home threatening our tra structure. furloughs and layoffs would affect more than 8 huchb,000 workers in the defense industry at the same time that north korea is testing a nuclear bomb. cuts at the irs would mean fewer tax return reviews and longer waits to get refunds. more than 100,000 people would be thrown out of emergency housing onto the streets. one way or another, everyone is it going to feel this. while washington continues to play the blame game. >> the bottom line is very simple. republicans have proposed devastating cuts. >> washington democrats have gotten used to republicans bailing them out of their own lack of responsibility. >> ali velshi, cnn, new york. >>> all right. ali, thank you very much on that one. let's go to the racetrack. danica patrick is the first woman to win the pole position in nascar's biggest race. her life, her love and her racing have all been in the spotlight long before this week. we'll look at what makes her tick straight ahead. [ engine revving ] ♪ [ male announcer ]
with russia. a more powerful and emboldened china. an iran closer to a nuclear weapon, slark terrorists fans out across north america? simply put, under barack obama and hillary clinton, the u.s. has been unwilling to lead. and this has left a huge vacuum on the world stage. in a recent assessment of secretary clinton's tenure. michael owe o'hanlon of the brookings institute wrote even an admirers such as myself must admit few big problems were soflted on her watch. few big vic trises achieved. secretary clinton's work at the state department should be judged on whether she has left america's foreign policy in stronger or weaker position. most think the future lies with china than the u.s. it's not all mrs. clinton's fault. but the fact is we just don't have the influence we used to have around the world from syria to mali, we have led from behind, so in effect the former secretary of state has helped manage our decline in what looks increasingly like a post american world. and that's the memo. now on to the top story. another view on this, joining us now from new york, fox news contributor
. >> this is really a message for the united states. >> one thing that would get their attention and china's attention is if you give nuclear weapons to south korea and china. i think he looks like a knuckle head. >> like a nincompoop. ♪ >> we are now less than five hours away from the president's state of the union address where he'll lay out the agenda for his second term in office. and it's safe to assume that his preparations received a severe jolt this morning with the disturbing news that north korea had carried out another nuclear weapons test in violation of the united nations, and this one significantly stronger than their two previous tests. and it's in this alarming context that republicans are seeking at this very moment to stymie the president's nominee for secretary of defense. the senate armed services committee has been considering the nomination of chuck hagel for more than an hour, and all against a backdrop of republican opposition. >> with respect to chuck hagel and brennan, defense and cia just in the last week, their performance in front of the committees that have to confirm t
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know, even china told them not to go ahead with another test, so i guess what more sanctions do anything? what can the u.n., the international community do? >> well, there has to be a pay back for what north korea just did with this underground nuclear test. yes, more sanctions, but the key is going to be china china really has not done as much as they should in terms of curbing food and fuel. i think they'll be up against the wall and they probably will take that step. i think as you said, chris, after these additional sanctions, what next? we can't continue to isolate north korea because they have nuclear weapons. they have a million and a half men in arms. they have missiles. they're a danger in northeast asia. so what needs to happen is a new kind of diplomacy, new kind of dialog. i think south korea, the new leadership in china and south korea in the region needs to step up with the united states and develop a credible diplomatic strategy, one that involves north korea saying to them, look, this nuclear path is going to be totally against your interests. let's find ways to
to engage in dialogue. how realistic is that when you have them even snubbing china, one of their allies? >> one of the things you learn about north korea is not to be predictable. you don't know what they're going to do next. they don't think the way we do. what i think we need to do is find a new way for the countries in the region and the united states to deal with them. i think first they have to pay. there has to be payback for these tests. that means more sanctions, south korea tightening their belt. but china is the key. and china up till now has not wanted to put the screws on north korea. they could affect their food, their fuel. they have leverage over them. but i don't think they're ready to exercise it. hopefully this new test will do that. but if that's not the case, i think we need a dialogue with the north korean leadership, we being the six-party country, south korea and the u.s. isolating them has to be part of a policy. but then what next? and i'm hopeful that senator kerry who has a record of negotiation and diplomacy will look at this and say, hey, we need a new appro
's positioned to pull a nixon in china. just as only a committed anti-communist like nixon could go to china, someone like a pragmatic aggressive like president obama could appeal to his base and still get tough entitlement cuts through as part of a grand bargain. this is a moment of rare opportunity but it takes presidential leadership and that, frankly, has been lacking. >> one approach that republicans have put forward is the idea of a balanced budget amendment. >> the real cause of our debt is that our government has been spending $1 trillion more than it takes in every year. that's why we need a balanced budget amendment. >> republicans, margaret, are not blameless in this, bush era tax cuts, wars in afghanistan and iraq are major drivers. the spending cuts that a balanced budget amendment would require could cripple the economy. austerity hasn't worked in europe. why does marco rubio think it would work in america? >> look, what you have to keep in mind is when marco rubio said that. he said that in his response to the president's state of the union right before rand paul was about to
Search Results 0 to 49 of about 309 (some duplicates have been removed)